Public Sector Banks Current Affairs, GK & News
Vision [email protected]
The Government of India is to finalize the 2047 plan by May 2022. The plan is being framed by a Sectoral Group of Secretaries. That is, the sectaries are from ten different sectors. They will draw a plan that will start by this decade. Aim of Vision [email protected] The aim of the vision is to ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Topics: Carbon emissions • Climate change • Climate resilience • farm equipment • future ready cities • Governance • land availability • new age agriculture • Population Explosion • Public Sector Banks • re-engineering • soil conditions • Trade and investment • vision [email protected] • water usage
Public Sector Banks announce new loans
Public sector banks (PSBs) have announced support measures and launch of new loan products to mitigate economic impact of Covid-19 pandemic. What are those announcements? PSBs would provide unsecured loans of up to 5 lakh rupees to individuals. Loan can be utilized to meet their and family members’ treatment cost. Indian Banks Association and State ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs
Topics: COVID-19 • COVID-19 relief package • Emergency Credit Line Guarantee Scheme • Indian Bank Association • Public Sector Banks • State Bank of India
PM SVANidhi Scheme: 1.6% loans from private sector
The Ministry of Housing and Urban Affairs recently announced that over twenty lakh street vendors have been provided loans under the PM SVANidhi scheme till March 29, 2021. Of this, eighteen lakh loans were provided by the Public Sector Banks. On the other hand, the private sector banks have provided only 32,534 loans. Bottom line, ..
Month: Current Affairs - April, 2021
Category: Government Schemes Current Affairs
Topics: COVID-19 • lock down • Non-performing Asset • Non-performing loan • PM SVANidhi • PM SVANidhi Scheme • Public Sector Banks • Street Vendors
Doorstep Banking Services launched by Public Sector Banks
Finance Minister Nirmala Sitharaman launched the doorstep banking services for public sector banks. This will facilitate the users a hassle-free and convenient banking service. The services provided by the Doorstep Banking can be availed through Agents who has been deployed by the selected Service Providers at 100 centers across the country. These services can be ..
Month: Current Affairs - September, 2020
Category: Economy & Banking Current Affairs
Topics: Doorstep banking • EASE reform • Public Sector Banks
Rs 68311 Cr. Disbursed under Emergency Credit Line Guarantee Scheme to the MSMEs
As per the data released by the Ministry of Finance, the Private and Public Sector banks in India have disbursed around Rs 68311 Cr. under the Emergency Credit Line Guarantee Scheme to the Micro, Small and Medium Enterprises in the country. As on July 15 2020, the total sanctioned amount under the scheme is Rs ..
Month: Current Affairs - July, 2020
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: ECLGS • Emergency Credit Line Guarantee Scheme • MSME • Private Sector Banks • Public Sector Banks